Land and Buildings Transaction Tax (Scotland) Act 2013 Schedule 20

Index of defined expressions

Schedule 20 provides a comprehensive glossary directing users to where key terms used throughout the Act are formally defined.

• The schedule acts as a quick-reference index, listing each defined expression alphabetically alongside the section or schedule paragraph where its meaning is set out.
• Core transactional terms such as "land transaction", "chargeable interest", "chargeable consideration", "buyer", "seller", and "effective date" are each linked to specific sections in the Act.
• Relief-related terms — including group relief, charities relief, acquisition relief, reconstruction relief, first-time buyer relief, and sub-sale development relief — are all directed to section 65 (general interpretation).
• Specialist terms covering partnerships, trusts, leases, unit trust schemes, and property classifications (residential and non-residential) are directed to the relevant schedules or sections of the Act.